New hope for $1,200 stimulus checks – or $3,400 for families – as House to return as early as TODAY
THERE is new hope for the second round of $1,200 stimulus checks - or $3,400 for families - as the House is set to return as early as today.
Even though the House is meeting to focus on a bill that addresses the postal service, Senate Majority Leader Mitch McConnell said that it is unlikely that they will only discuss that topic.
He also reinstated the need for a relief package: "We do need another bill. I'm hoping that this impasse will end soon and we can get together and go forward in some kind of mutually agreed way."
Chief of Staff Mark Meadows told CNN last Sunday that he would be willing to agree on both the postal service bill and the .
"Lives, livelihoods and the life of our democracy are under threat from the president," Pelosi wrote.
When will there be a 2nd stimulus check?
Many Americans have been left confused about when they will receive their second round of coronavirus stimulus checks as no deal has been agreed on yet.
It appears that President Trump has softened on some strict terms for clearing a second stimulus package, and the .
This means that Americans may be receiving another wave of $1,200 checks soon.
Both Democrats and Republicans are advocating for packages similar to the CARES Act. The HEALS Act, first offered up by Senate Republicans in July, would offer the same $1,200 base check and $500-per-dependent as the CARES Act.
The HEALS Act, put forth by House Democrats in May, offers $1,200, plus more $1,200 payments for three dependents. Both of these proposed acts call for stimulus checks to be given to the same wealth brackets as the initial CARES Act.
It is possible that the act that wins out will also allow for checks for low-income and non-filing Americans.
The $500billion package would reportedly be more focused on providing financial assistance to people who find themselves out of work, as well as small businesses, according to ABC News.